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96 Ritz Cove Drive, Dana Point, California 92629, Dana Point, 92629 - 5 bed, 8 bath

96 Ritz Cove Drive, Dana Point, California 92629 home-pic-0
ACTIVE$10,950,000$7,200/sqft
Est. Value: $10,888,679
%
FairlyEstimate
96 Ritz Cove Drive, Dana Point, California 92629
5Beds
8Baths
7,200Sqft
16,379Lot

Price Vs. Estimate

The estimated value ($10,888,679.42) is $61,320.58 (0%) lower than the list price ($10,950,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16379, other record lot size in square feet = 20400. Living area discrepancy between mls listing and other public or private record. mls listing living area = 7200, other record living area = 7096.

Compared to the nearby listings

Price:$10.95M vs avg $2.80M (+$8,152,500)90%
Size:7,200 sqft vs avg 2,370 sqft97%
Price/sqft:$1.5K vs avg $1.3K66%

More Insights

Built in 2009 (17 years old).
Condition: Built in 2009, this property has been meticulously maintained and features high-end, modern finishes and systems throughout. The gourmet kitchen boasts custom cabinetry, Marmot Belgia Calcutta Marble, a 6-burner Viking range, Sub-Zero refrigerator, and built-in coffee maker. The luxurious primary bath includes Iceberg Blue Quartzite, a multiple-head steam shower, and soaking tub. With a Control 4 Smart Home System, central AC, central vacuum, and newer water systems, all components are virtually new or meet current quality standards, showing no deferred maintenance and minimal physical depreciation.
Year Built
2009
Close
-
List price
$10.95M
Original List price
$10.95M
Price/Sqft
$1,521
HOA
$990
Days on market
-
Sold On
-
MLS number
OC25278164
Home ConditionExcellent
Features
Excellent View: Ocean
Deck
Pool
Spa
Patio
ViewOcean

About this home

Truly, an outstanding opportunity for this meticulously maintained Mediterranean style custom residence located within the highly prestigious & coveted “Oceanfront,” 24 hr. guard gated community of Ritz Cove. This impeccable 7200 sqft residence contains 5 bedrooms, 8 bathrooms, a two-story entry foyer showcasing a beautiful circular staircase, 3 fireplaces, an in-home theater, a 3rd story viewing deck with “dumb waiter” access. The main floor of the residence has impeccable "Crema Marfil' marble flooring throughout & offers a main floor office, 2 additional bathrooms, a main floor ensuite bedroom, generous breakfast/ family dining, & an outstanding family room with custom built-ins & fireplace. Contiguous to the family room a stunning bar area with wine storage & direct access to the ‘Resort Style” backyard with BBQ area, spa & pool inclusive of water feature, gas fire pots & outdoor staircase to the 2nd floor of the home!! This floor plan is absolutely “open and spacious” as well as “light & bright!” The Center Island, gourmet kitchen, features custom cabinetry, counters & back splashes of Marmot Belgia Calcutta Marble, 6 burner Viking range, subzero refrigerator/freezer, 3 dishwashers, & built in coffee maker! The gracious Primary Suite contains a sitting area, dual sided fireplace, coffee bar area with sink & refrigerator, 2 exceptional walk-in closets with custom cabinetry, a luxurious Primary bath suite with "Iceberg Blue Quartzite' multiple head steam shower, soaking tub & 3 vanity areas. All ancillary bedrooms offer oversize walk-in closets. Additional upgrades include an upstairs laundry room with 2 washers & dryer sets & built in storage, central AC & vacuum system, newer water softening system & water heater, Home Guardian Security Cameras, RING doorbell & cameras, Control 4 Smart Home System for TVs, heating, lighting, & music! This “end of cul-de-sac” residence features a “gated auto driveway,” finished oversize 3 car garage with an abundance of storage options. The manicured grounds are extremely private & an entertainer’s dream. The Ritz Cove community provides a “private gated” entrance to the walking/bicycle path along the Pacific Ocean including direct beach access! Located contiguous to the Ritz Carlton Resort & minutes away from Dana point Harbor & Lantern District featuring numerous dining & shopping options. This is absolutely “a must see “property for any Purchaser in this price range & a 10 out of 10!

B
Bob Wolff
Listing Agent

Nearby schools

5/10
Richard Henry Dana Elementary School
Public,•K-5•1.0mi
9/10
John Malcom Elementary School
Public,•K-5•1.3mi
8/10
Moulton Elementary School
Public,•K-5•3.3mi
9/10
El Morro Elementary School
Public,•K-5•7.5mi
6/10
Marco Forster Middle School
Public,•6-8•2.3mi
7/10
Niguel Hills Middle School
Public,•6-8•4.6mi
9/10
Thurston Middle School
Public,•6-8•5.5mi
8/10
Dana Hills High School
Public,•9-12•1.2mi
9/10
Laguna Beach High School
Public,•9-12•5.5mi

Price History

Date
Event
Price
03/01/00
Sold
$615,000
11/18/97
Sold
$450,000
06/15/16
Sold
$4,980,000
Condition Rating
Excellent
Built in 2009, this property has been meticulously maintained and features high-end, modern finishes and systems throughout. The gourmet kitchen boasts custom cabinetry, Marmot Belgia Calcutta Marble, a 6-burner Viking range, Sub-Zero refrigerator, and built-in coffee maker. The luxurious primary bath includes Iceberg Blue Quartzite, a multiple-head steam shower, and soaking tub. With a Control 4 Smart Home System, central AC, central vacuum, and newer water systems, all components are virtually new or meet current quality standards, showing no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Premier Oceanfront Location & Community: Located within the highly prestigious and coveted 'Oceanfront,' 24 hr. guard-gated community of Ritz Cove, offering private beach access and proximity to the Ritz Carlton Resort, Dana Point Harbor, and Lantern District.
Expansive Luxury Living Space: An impeccable 7200 sqft residence featuring 5 bedrooms, 8 bathrooms, a grand two-story entry foyer, in-home theater, and a 3rd-story viewing deck, designed for open, spacious, light, and bright living.
Gourmet Chef's Kitchen: A state-of-the-art center island gourmet kitchen equipped with custom cabinetry, Marmot Belgia Calcutta Marble counters and backsplashes, a 6-burner Viking range, Subzero refrigerator, 3 dishwashers, and a built-in coffee maker.
Resort-Style Outdoor Entertainment: The private, manicured grounds feature a resort-style backyard with a pool, spa, water features, gas fire pots, BBQ area, and an outdoor staircase, creating an ideal setting for entertaining.
Advanced Smart Home & Modern Amenities: Equipped with a Control 4 Smart Home System for TVs, heating, lighting, and music, central AC, central vacuum, newer water softening system, security cameras, and a luxurious primary suite with a steam shower.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16379, other record lot size in square feet = 20400. Living area discrepancy between mls listing and other public or private record. mls listing living area = 7200, other record living area = 7096.
Substantial HOA Dues: The monthly association fee of $990 is considerably high, adding a significant recurring cost to homeownership.
Exclusive Price Point: With a list price exceeding $10 million, the property targets a very niche market, potentially limiting the pool of prospective buyers.
Architectural Style Preference: The Mediterranean architectural style, while meticulously maintained, may not align with all contemporary buyer preferences seeking more modern or minimalist designs.
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